Coal Production in Uinta Basin of Colorado and Utah Drops by 34.7%

first_imgCoal Production in Uinta Basin of Colorado and Utah Drops by 34.7% FacebookTwitterLinkedInEmailPrint分享Christopher Coats for SNL:Coal production at mines in the Uinta Basin continued to slide in the first quarter of the year, down nearly 900,000 tons from the previous period and 34.7% below the same period in 2015.For the 12 months ending with the first quarter of the year, basin output was 29.3 million tons, down about 26.5% from the same period last year.This quarter’s results continue a production slide that has plagued the western region, along with others, with Uinta mine output down nearly 3 million tons from the first quarter of 2015, according to an S&P Global Market Intelligence analysis of U.S. Mine Safety and Health Administration data.One of the most significant drops in production from the first quarter of last year came at Arch Coal Inc.’s West Elk mine in Colorado, where output collapsed nearly 650,000 tons from 2015 to 521,527 tons in the latest period. Mine owner Arch Coal filed for bankruptcy protection during the first quarter, though the company has previously reported that it intends to continue production efforts during its restructuring.The basin’s largest drop for the 12-month period was seen at Bowie’s No. 2 mine, which finished the period down about 82%. The mine closed out the first quarter with just 33,395 tons, down from 615,924 tons during the same period last year.Full article ($): Uinta Basin coal output dives in Q1, down 34.7% from year-ago quarterlast_img

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